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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (172647)1/28/2003 12:10:08 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 186894
 
Ten,

Some people(Ebbers among them) seem to think that they are entitled to live a life of luxury on the shareholders tab. The sad part is that many Boards approve this obscene behavior and there are no laws which outright prohibit it. This needs to change over time if the SEC really expects people to have confidence in corporate America once again.....notice I did not use a capital C.....that was not by accident.

Brian



To: Tenchusatsu who wrote (172647)1/28/2003 2:43:02 PM
From: GVTucker  Respond to of 186894
 
It will be interesting to see what kind of bonus Barrett received in 2002, seeing as how the stock has declined 50%.

In 2001, he kept his salary constant with his 2000 salary, at $575,000. His bonus was cut from $2,785,000 to $1,075,000. (Note that in 2000, Intel stock declined about 20%. In 2001, the stock remained about constant. The large bonus in 2000 can be justified, I suppose, by the large increase in earnings that year, although as I argued back then, almost all of that earnings increase was due to Intel Capital, which really doesn't have much to do with Intel's core operations.)

If Barrett receives a bonus greater than zero for fiscal 2002, he was paid too much.



To: Tenchusatsu who wrote (172647)1/28/2003 3:01:37 PM
From: Proud_Infidel  Respond to of 186894
 
Intel wins trademark case against Showintel
Semiconductor Business News
(01/28/03 02:01 p.m. EST)

SANTA CLARA, Calif.--Intel Corp. here today declared victory over Showintel Networks Inc. in a trademark infringement suit filed by the microprocessor giant last year.

The ruling stated that Showintel Networks was in violation of the trademark owned by Intel for incorporating the letters of "intel" within its name.

The terms of the final settlement were not disclosed, but Showintel Networks did agree to change its corporate name prior to April 15, 2003. "While we totally deny any infringement on Intel's name or trademark, it was in the best interest of both companies to reach an amicable conclusion," said David V. Lott, president of Showintel Networks.

Headquartered in Memphis, Tenn. Showintel Networks through its proprietary technology replaces outdated loop technology with a digital media management system.